Sikkim losing Rs 7 cr daily due to Darjeeling bandh
Official sources said that bandh by Gorkha Janmukti Morcha in Darjeeling hills had its effect on the economy of landlocked Sikkim.
By PTI |
GANGTOK: The indefinite bandh called by Gorkha Janmukti Morcha in Darjeeling hills had its effect on the economy of landlocked Sikkim which has been incurring a financial loss of about Rs seven crore per day, official sources said.
The huge loss was due to the blockade on the National Highway 31A since Monday evening affecting the traffic movement between Sikkim and Siliguri via Darjeeling.
Sikkim's department of economics, statistics, monitoring and evaluation has assessed the impact of a three-day bandh in Darjeeling hills called by GJM from February 22 and its report said that the state suffered a loss of Rs 5.95 crore per day.
If it was Rs 5.95 crore per day in February, the loss in mid June could be estimated at Rs 7 crore daily because of increased inflation and rise in prices of petroleum products taking the approximate estimated loss in the last three days to Rs 21 crore, the sources said.
The survey done by the department put the loss to the state exchequer to the tune of Rs 1.66 crore per day due to lack of revenue collection on account of VAT and sales tax (Rs 1.54 crore), excise duty on imports (Rs 11.33 lakh) and loss on tax on animal import (Rs 15,000).
The bandh in February, however, affected the business community the most, with a daily loss of profit at Rs 1.65 crore as agitators prevented transport of commodities to and from Sikkim, it said.
The Himalayan state also lost a revenue of Rs 33.47 lakh per day in those three days in February as it could not export or import goods from outside.
The huge loss was due to the blockade on the National Highway 31A since Monday evening affecting the traffic movement between Sikkim and Siliguri via Darjeeling.
Sikkim's department of economics, statistics, monitoring and evaluation has assessed the impact of a three-day bandh in Darjeeling hills called by GJM from February 22 and its report said that the state suffered a loss of Rs 5.95 crore per day.
If it was Rs 5.95 crore per day in February, the loss in mid June could be estimated at Rs 7 crore daily because of increased inflation and rise in prices of petroleum products taking the approximate estimated loss in the last three days to Rs 21 crore, the sources said.
The survey done by the department put the loss to the state exchequer to the tune of Rs 1.66 crore per day due to lack of revenue collection on account of VAT and sales tax (Rs 1.54 crore), excise duty on imports (Rs 11.33 lakh) and loss on tax on animal import (Rs 15,000).
The bandh in February, however, affected the business community the most, with a daily loss of profit at Rs 1.65 crore as agitators prevented transport of commodities to and from Sikkim, it said.
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The Himalayan state also lost a revenue of Rs 33.47 lakh per day in those three days in February as it could not export or import goods from outside.
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